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Ritter: Hartford Won't Have To File For Bankruptcy If Budget Deal Passes

Submitted by jhartgen@abi.org on

A top Connecticut House Democrat said yesterday that Hartford will not have to file for bankruptcy, saying the troubled capital city will get the extra $40 million it needs this year, the Hartford Courant reported. But lawmakers were still negotiating last night and had yet to adopt a budget. “There will be no need to file bankruptcy,” Connecticut House Majority Leader Matthew Ritter (D-Hartford) said. “They will be able to pay their debts. They’ll be able to pay their legal obligations.” Mayor Luke Bronin warned last week that the city could seek chapter 9 protection if it doesn’t get its state aid by November.

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